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1/29 Bentham Street
Yarralumla ACT 2600
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Sold on 15 May 2018

1/29 Bentham Street Yarralumla ACT 2600

  • Development / Land
  • 452 m²
  • Sold, $625,000

White Apple Gifts

So rare - it's like finding a needle in a haystack.

A unique opportunity to own a business and its commercial property in the tightly-held Yarralumla shopping district.

If you've been waiting for a rolled-gold opportunity to secure your own business and premises, then don't look further than White Apple Gifts at 1/29 Bentham Street, Yarralumla. White Apple Gifts represents a secure lifestyle for the astute buyer and allows the combination of business with the pleasure of travelling around the country and overseas to select quality products.

This boutique gift shop generated approximately $460,000+ in sales in 2017, with the owner working on average 10 hours per week. There is a team of casual staff in place to run this business if you are looking for a passive investment.

This well-known and lucrative store generated $88,000 in EBITDA or profits - while paying a fair market rent of $40,000 (including GST) in rent.

Because of a change in personal circumstance, the owners are providing the chance to secure the business before the busy Christmas period. Two purchase options are outlined below:

Ownership option 1. Secure the business and the commercial premises but not the stock. 12-week settlement.

Ownership option 2. Obtain the business and the building and secure the stock at value. 4-12 week settlement (your choice).

As the business and the building are being sold as one, the sale is considered to be an active asset and as such will be GST free.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name and contact number and state that you would like to receive further information about this business opportunity. We will then email you the deed of confidentiality, which, once completed, will allow us to email you the BIP and the supporting documents.

Auction onsite - Wednesday the 8th of November.

Thank you on behalf of the team at Capital Commercial Business Sales

Property Highlights

Date Sold15 May 2018
Sold Price$625,000
Floor AreaAsk Agent
Land Area452 m²
ParkingAsk Agent
Property ID2013945711
Category
Last updated  13 Jun 2018
Map for 1/29 Bentham Street Yarralumla ACT 2600

Property Highlights

Date Sold15 May 2018
Sold Price$625,000
Floor AreaAsk Agent
Land Area452 m²
ParkingAsk Agent
Property ID2013945711
Category
Last updated  13 Jun 2018

Listed by

Frank Walmsley
Frank Walmsley
Capital Commercial Business Sales
Call
0400446605

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